Canada Post’s first quarter results show the impact of strike action
Canada Post has reported $23 million profit before tax in the first quarter, which ended March 30 – a $45 million decline compared to the same period a year earlier.
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Austrian Post predicts parcel capacities to increase by 25%
Austrian Post Group has announced its first quarter results. The company’s revenue amounted to EUR 492.5 million, a slight increase of 0.4% year-on-year.
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Wincanton reports revenue dip but operating profit increase
Logistics firm Wincanton plc has announced its full year results to 31 March 2019. The company’s revenue has declined 2.6% to £1,141.5 million but underlying operating profit increased by 4.5% to £55.3 million.
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Calls for reform after USPS announce net loss of $2.1 billion
The U.S. Postal Service (USPS) has reported a net loss for the second quarter of fiscal 2019 (January 1, 2019 – March 31, 2019), totalling nearly $2.1 billion, an increase of $747 million, compared to a net loss of $1.3 billion for the same quarter last year.
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DHL increased both revenue and operating profit in Q1 2019
Deutsche Post DHL Group has released its first quarter 2019 results. The company generated revenue of EUR 15.4 billion between January and March, an increase of 4.1% from the previous year. Operating profit (EBIT) was up 28.1% to EUR 1.2 billion.
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